SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   Form 10-QSB
                                   -----------

[X]      Quarterly  Report Under Section 13 or 15(d) of the Securities  Exchange
         Act of 1934

                 For Quarter Ended:   March 31, 2003
                                     -----------------

                                       OR

[ ]      Transition  Report  Pursuant  to Section 13 or 15(d) of the  Securities
         Exchange Act of 1934

                         Commission File No. 000-3084133

                           AUSSIE APPAREL GROUP, LTD.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


         Nevada                                       52-1146119
------------------------                        ----------------------
(State of Incorporation)                         I.R.S. Employer I.D.



                       One World Trade Center, Suite 800,
                              Long Beach, Ca 90831
                            Telephone (562) 983-8045
-------------------------------------------------------------------------------
          (Address and telephone number of principal executive offices
                        and principal place of business)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such a period that the  registrant  was required
to file such reports),  and (2) has been subject to such filing requirements for
the past 90 days.     Yes [X] No [ ]


As of May 14,2003,  the  registrant  had a total of 34,240,461  shares of common
stock issued and outstanding.

                                       1
<PAGE>






                          PART I: FINANCIAL INFORMATION

ITEM 1: FINANCIAL STATEMENTS
<TABLE>
<CAPTION>

                           AUSSIE APPAREL GROUP, LTD.
                          (A DEVELOPMENT STAGE COMPANY)

                         BALANCE SHEET - MARCH 31, 2003



                                     ASSETS
<S>                                                                            <C>
Current assets -
  cash                                                                         $       336

                                                                               -----------
     Total Current Assets                                                              336
                                                                               -----------


Tradenames                                                                       6,033,824


                                                                               -----------

                                                                               $ 6,034,160
                                                                               ===========


                      LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

  Accounts payable                                                             $   306,192
  Deposits payable                                                                 215,000
  Loans payable, related parties                                                    26,000
  Shares to be issued
    Series B Preferred                                                              47,896
                                                                               -----------
          Total current liabilities                                                595,088
                                                                               -----------

Stockholders' equity:
  Preferred Series A, $10 par value; 400,000 shares issued
    and outstanding                                                              1,058,824
  Preferred Series B, $.001 par value; 610,000 shares issued
    and outstanding                                                                    610
  Common Stock, $.001 par value; 375,000,000 shares
    authorized; 34,212,711 shares issued and outstanding                             5,904
   Deferred offering costs                                                         (40,000)
   Deferred compensation                                                        (2,784,600)
   Common stock subscriptions receivable                                          (112,500)
  Additional Paid in Capital                                                     7,866,046
  Deficit accumulated during the development stage                                (555,212)
                                                                               -----------

          Total stockholders' equity                                             5,439,072
                                                                               -----------

                                                                               $ 6,034,160
                                                                               ===========
</TABLE>
   The accompanying notes are an integral part of these financial statements.


                                       2
<PAGE>

<TABLE>
<CAPTION>

                           AUSSIE APPAREL GROUP, LTD.
                          (A DEVELOPMENT STAGE COMPANY)

                            STATEMENTS OF OPERATIONS


                                                                        FOR THE PERIOD
                                                                      FROM INCEPTION ON
                                           FOR THE THREE MONTHS        AUGUST  26, 2002
                                              THREE MONTHS                  THROUGH
                                           ENDED MARCH 31, 2003         MARCH 31, 2003

<S>                                           <C>                      <C>
Income                                        $       --               $       --
                                              ------------             ------------

Expenses -
  general and administrative                      (419,151)                (555,212)
                                              ------------             ------------

          Total expenses                          (419,151)                (555,212)
                                              ------------             ------------

Net loss                                      $   (419,151)            $   (555,212)
                                              ============             ============


Basic and diluted - loss per share                   (0.01)                    --
                                              ============             ============

Weighted average common shares -
  basic and diluted                             33,884,253
                                              ============
</TABLE>
   The accompanying notes are an integral part of these financial statements.

                                       3
<PAGE>

<TABLE>
<CAPTION>

                           AUSSIE APPAREL GROUP, LTD.
                          (A DEVELOPMENT STAGE COMPANY)

                             STATEMENTS OF CASH FLOWS




                                                                                        FOR THE PERIOD FROM
                                                                                        INCEPTION ON AUGUST
                                                               FOR THE THREE MONTHS      26, 2002 THROUGH
                                                               ENDED MARCH 31, 2003       MARCH 31, 2003

<S>                                                                <C>                     <C>
Cash flows (used for) operating activities:
  Net loss                                                         $(419,151)              $(555,212)

  Adjustments to reconcile net loss to net cash
      (used for) operating activities:
      Write off of non-used assets                                      --                     6,960
      Stock issued for employee compensation/services                124,750                 124,750
      Stock issued for debt conversion costs                          78,750                  78,750

  Changes in operating assets and liabilities:
      Decrease in assets
       intangibles                                                      --                  (250,000)

    Increase (decrease) in liabilities:
      Accounts payable                                               177,179                 306,192
      Deposits payable                                               (10,000)                215,000
      Preferred Series B shares to be issued                          47,896                  47,896
                                                                   ---------               ---------

          Total adjustments                                          418,575                 529,548

          Net cash used for operating activities                        (576)                (25,664)
                                                                   ---------               ---------

Cash flows provided by financing activities-
  loans payable                                                         --                    26,000

                                                                   ---------               ---------
   Net Cash Provided By Financing Activities                            --                    26,000
                                                                   ---------               ---------

Net increase in cash                                                    (576)                    336
Cash and cash equivalents, beginning of period                           912                    --
                                                                   ---------               ---------

Cash and cash equivalents, end of period                           $     336               $     336
                                                                   =========               =========

Supplemental disclosure of non-cash financing
 and investing activities:
    Shares issued for trademarks                                        --
                                                                   =========               =========
    Common Stock subscriptions receivable                            112,500                 112,500
                                                                   =========               =========
    Common stock issued for services, accounted for                   40,000                  40,000
               as deferred offering costs                          =========               =========

</TABLE>
   The accompanying notes are an integral part of these financial statements.

                                       4
<PAGE>


(1)      Description of Business:

         Organization and Business:

         Mercury Software, a Nevada corporation, was incorporated on January 29,
         1997 and their name was changed to Medex Corp. on June 24, 2002. Aussie
         Apparel  Group  Ltd.  (the  "Company"  or "Aussie  Apparel"),  a Nevada
         corporation,  was  incorporated  on August  26,  2002.  The  Company is
         currently  a  development  stage  enterprise  under the  provisions  of
         Statement of Financial Accounting Standards ("SFAS") No. 7.

         In  October  2002,  Medex  Corp.   issued  an  aggregate  of  6,500,000
         (pre-stock  split)  shares of its common stock to the  shareholders  of
         Aussie  Apparel  Group  Ltd.  in  connection  with the merger of Aussie
         Apparel  with  Medex  Corp.,  whose  name was then  changed  to "Aussie
         Apparel  Group Ltd" on October  21,  2002.  Since the  shareholders  of
         Aussie Apparel became the  controlling  shareholders of MedEx after the
         exchange,   Aussie  Apparel  has  been  treated  as  the  acquirer  for
         accounting purposes. Accordingly, the financial statements as presented
         are the historical  financial  statements of Aussie Apparel and include
         the  transactions  of Medex  only from the date of  acquisition,  using
         reverse merger accounting.

         Aussie  Apparel Group owns a diverse range of brand names in the action
         sports area, including surfing,  wakeboarding,  and skateboarding.  The
         Company   plans  to  develop  high  tech   garments  for  athletes  and
         participants in these sports as well as designing more casual lifestyle
         clothing  aimed at a wider range of  consumers.  The Company will start
         manufacturing under three of these brand names. "Hot Tuna" and "Xisle "
         will  manufacture  both male and  female  apparel.  "Hot  Tuna" will be
         marketed  to the  independent  sports  shops,  boutiques  and  high end
         department  stores while  "Xisle  "will be sold to mid tier  department
         stores and sports  shops.  The Piranha Boy and Piranha  Girl lines were
         established to focus on supplying fashionable clothes to the children's
         apparel segment.

                                       5
<PAGE>


         On April  7,  2003  the  Company  effected  a 3 to 1 stock  split.  The
         accompanying  financial  statements  have been  restated to reflect the
         stock split for all periods presented.

                          Interim Financial Statements:

         The   accompanying   financial   statements   include  all  adjustments
         (consisting  of only  normal  recurring  accruals),  which are,  in the
         opinion of management, necessary for a fair presentation of the results
         of  operations  for the  periods  presented.  Interim  results  are not
         necessarily  indicative  of the results to be expected for a full year.
         The  financial  statements  should  be read  in  conjunction  with  the
         financial  statements  included in the annual report of Aussie  Apparel
         Group LTD on Form 10-KSB for the year ended December 31, 2002.


         Going Concern:

         The accompanying  financial statements have been prepared in conformity
         with accounting  principles  generally accepted in the United States of
         America,  which  contemplate  continuation  of the  Company  as a going
         concern.  As of March 31,  2003,  the  Company  has not  generated  any
         revenue and has incurred a loss  totaling  $555,212 for the period from
         August 26, 2002 (inception) through March 31, 2003. These matters raise
         substantial  doubt about the  Company's  ability to continue as a going
         concern.  These  financial  statements  do not include any  adjustments
         relating to the  recoverability  and  classification  of recorded asset
         amounts,  or amounts and  classification  of liabilities  that might be
         necessary should the Company be unable to continue as a going concern.

         Management  plans to take the following  steps that it believes will be
         sufficient  to provide  the  Company  with the  ability to  continue in
         existence.

         o    The  Company is  focusing  on the launch of the brands into the US
              domestic  market as well as  various  international  markets.  The
              Company is planning to begin shipping the Hot Tuna brand to retail
              in the US market in the 4th  quarter  of 2003 and of the Xisle and
              Piranha labels for 1st quarter 2004

         o    The Company  believes  it's  portfolio of brands have  established
              name recognition in various international  markets, and are moving
              diligently to sign on international  licensees and distributors to
              maximize  this  brand  awareness.   The  Company  entered  into  a
              licensing  agreement on April 9, 2003 with Frontier  International
              (Holdings)  Pty,  Ltd.  of  Australia,  a  shareholder,   for  the
              territory, which includes;  Australia, New Zealand, New Caledonia,
              Fiji, and the Pacific Islands on an exclusive  basis, and Malaysia
              and  Indonesia  on  a  non-exclusive  basis.  The  agreement  with
              Frontier  International  is for 10 years,  covering  the Hot Tuna,
              Xisle and Piranha  brands,  with Frontier International having the
              option on a second  10-year term.  This  agreement  calls for a 6%
              royalty with minimum  royalties of approximately  $47,000 in 2003,
              $198,000 in 2004,  $343,000 in 2005, $559,000 in 2006 and $794,000
              in 2007 (based on exchange rates for Australia dollar in effect at
              March 31, 2003).

         o    The Company entered into an additional  licensing agreement on May
              15,  2003,  with Revo (UK) Ltd.  of the  United  Kingdom,  for the
              territories  of the United  Kingdom  and  Ireland on an  exclusive
              basis. The Agreement  covers  the Hot Tuna  trademarks  only.  The
              agreement  is for 10 years  with  Revo,  the  licensee,  having an
              option  for a  second  10-year  term.  It also  provides  for a 6%
              royalty, with minimum annual royalties of $24,000 in 2003, $68,000
              in 2004, $142,000 in 2005,  $237,000 in 2006, and $355,000 in 2007
              (based on  exchange  rates for the  British  Pound as of March 31,
              2003).

         o    On April 1, 2003, the Company entered into an Investment Agreement
              with a shareholder  whereby the shareholder  agreed to purchase up
              to $4,000,000 of the Company's common stock over a 24 month period
              ending April 1, 2005.

                                       6
<PAGE>


         Summary of Significant Accounting Policies


         Basic and Diluted Earnings (Loss) Per Share:

         Basic  earnings  (loss) per share are  determined  by dividing  the net
         earnings  (loss)  by  the  weighted  average  shares  of  Common  Stock
         outstanding  during the period.  Diluted  earnings (loss) per share are
         determined by dividing the net earnings (loss) by the weighted  average
         shares of Common Stock  outstanding  plus the dilutive effects of stock
         options,  warrants,  and other convertible  securities.  537,000 common
         stock equivalents,  representing common shares eligible to be converted
         in relation to Preferred  Stock,  calculated  using the market price on
         March 31,  2003,  and  6,630,000  options have been  excluded  from the
         calculation  of  diluted  loss  per  share  as  their  effect  would be
         anti-dilutive.


         Comprehensive Income:

         SFAS No. 130, "Reporting  Comprehensive  Income," establishes standards
         for  the  reporting  and  display  of  comprehensive   income  and  its
         components  in the  financial  statements.  As of March 31,  2003,  the
         Company  has  no  items  that  represent   comprehensive   income  and,
         therefore,  has not included a schedule of comprehensive  income in the
         financial statements.



(2)      Stockholders' Equity

         During the quarter ended March 31, 2003, the Company received funds for
         the issuance of Series B Preferred  stock.  As the related  shares have
         not been issued as of March 31, 2003,  the amounts  received  have been
         reflected as a liability,  Series B Preferred Stock to be issued on the
         accompanying financial statements.

         During the quarter  ended March 31, 2003,  the Company  issued  239,625
         shares of common stock to employees and consultants for services, for a
         cost of $164,750,  the market value of the shares on the dates  issued.
         $124,750 of this amount has been included in General and administrative
         expenses,  and  $40,000  reflected  in Deferred  offering  costs on the
         accompanying financial statements.

         During the quarter  ended March 31, 2003,  the Company  issued  105,000
         shares of common  stock to former  holders of  convertible  debentures,
         which had been  converted  during the  period  from  inception  through
         December  31,  2002,  as  satisfaction  for an offer of  inducement  to
         convert.  $78,750,  the  market  value  of the  shares  on the  date of
         issuance, has been reflected as debt conversion costs.

                                       7
<PAGE>


         On March 7, 2003,  the Company  issued  150,000 shares of common stock,
         valued at  their  market  value of  $112,500,  to a foreign  entity for
         resale under  Regulation S. As these shares have not yet been resold by
         the foreign entity, and no consideration has been received,  the shares
         have been  reflected in Common stock  subscriptions  receivable  on the
         accompanying financial statements.


 (3)     Options

         The Company  granted  6,630,000  options to  employees  on February 20,
         2003.  The  options  have an exercise  price of $.25,  and vest 25% per
         year,  beginning on March 2004 through March 2007.  In accordance  with
         APB 25, a $2,784,600  compensation  cost has been recognized,  which is
         included in Deferred  compensation  costs,  and will be recognized over
         the vesting period.

(4)      Subsequent Events

         The Company  entered  into a licensing  agreement on April 9, 2003 with
         Frontier   International   (Holdings)   Pty,  Ltd.  of   Australia,   a
         shareholder, for the territory which includes;  Australia, New Zealand,
         New Caledonia, Fiji, and the Pacific Islands on an exclusive basis, and
         Malaysia and Indonesia on an  non-exclusive  basis.  The agreement with
         Frontier  International  is for 10 years,  covering the Hot Tuna, Xisle
         and Piranha brands, with Frontier  International having the option on a
         second 10-year term. This agreement calls for a 6% royalty with minimum
         royalties of approximately  $47,000 in 2003, $198,000 in 2004, $343,000
         in 2005, $559,000 in 2006 and $794,000 in 2007 (based on exchange rates
         for Australia dollar in effect at March 31, 2003)

         The Company entered into an additional  licensing  agreement on May 15,
         2003, with Revo (UK) Ltd. of the United Kingdom, for the territories of
         the United  Kingdom and Ireland on an exclusive  basis.  The  agreement
         covers the Hot Tuna trademarks only. The agreement is for 10 years with
         Revo,  the  licensee,  having an option for a second 10- year term.  It
         also  provides  for a 6% royalty,  with  minimum  annual  royalties  of
         $24,000 in 2003, $68,000 in 2004,  $142,000 in 2005,  $237,000 in 2006,
         and $355,000 in 2007 (based on exchange  rates for the British Pound as
         of March 31, 2003.

         On April 1, 2003, the Company entered into an Investment Agreement with
         a  shareholder  whereby  the  shareholder  agreed  to  purchase  up  to
         $4,000,000 of the Company's  common stock over a 24 month period ending
         April 1, 2005.



ITEM 2: MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS


         This information  statement contains  forward-looking  statements.  For
this  purpose,  any  statements  contained  herein  that are not  statements  of
historical fact may be deemed to be forward-looking statements. These statements
relate to future events or to our future financial  performance.  In some cases,
you can  identify  forward-looking  statements  by  terminology  such as  "may,"
"predicts,"   "should,"   "expects,"   "plans,"    "anticipates,"    "believes,"

                                       8
<PAGE>
"estimates,"  "potential,"  or "continue" or the negative of such terms or other
comparable terminology. These statements are only predictions.  Actual events or
results may differ  materially.  There are a number of factors  that could cause
our  actual  results  to  differ   materially   from  these  indicated  by  such
forward-looking  statements.  These  factors  include  but  are not  limited  to
economic  conditions  generally and in the  industries  in which Aussie  Apparel
Group,  Ltd. may participate;  competition  within Aussie Apparel Group,  Ltd.'s
chosen   industry,   including   competition   from  much  larger   competitors;
technological  advances and failure by Aussie Apparel Group, Ltd to successfully
develop business relationships.


         Although   we  believe   that  the   expectations   reflected   in  the
forward-looking  statements are reasonable,  we cannot guarantee future results,
level of activity,  performance,  or  achievements.  Moreover,  we do not assume
responsibility  for  the  accuracy  and  completeness  of  such  forward-looking
statements. We are under no duty to update any of the forward-looking statements
after the date of this  information  statement  to conform  such  statements  to
actual  results.  The foregoing  management's  discussion and analysis should be
read in  conjunction  with the  Company's  financial  statements  and the  notes
herein.


Critical Accounting Policy and Estimates


         Our  Management's  Discussion  and Analysis of Financial  Condition and
Results of Operations section discusses our consolidated  financial  statements,
which have been  prepared in accordance  with  accounting  principles  generally
accepted in the United States of America.  The  preparation  of these  financial
statements requires management to make estimates and assumptions that affect the
reported  amounts  of  assets  and  liabilities  at the  date  of the  financial
statements  and the  reported  amounts  of  revenues  and  expenses  during  the
reporting period.  On an on-going basis,  management will evaluate its estimates
and judgments, including those related to revenue recognition, accrued expenses,
financial operations, and contingencies and litigation. Management will base its
estimates and judgments on  historical  experience  and on various other factors
that are believed to be reasonable under the circumstances,  the result of which
form the basis for making  judgments  about the carrying value of the assets and
liabilities that are not readily apparent from other sources. Actual results may
differ from these estimates under different assumptions or conditions.  The most
significant  accounting  estimates  inherent in the preparation of our financial
statements  include  estimates as to the  appropriate  carrying value of certain
assets and liabilities  which are not readily apparent from other sources,  such
as the deferred tax asset valuation.  These accounting policies are described at
relevant  sections  in this  discussion  and  analysis  and in the  notes to the
consolidated  financial  statements  included  in our  Quarterly  Report on Form
10-QSB for the quarter ended March 31, 2003.

                                       9
<PAGE>

Liquidity and Capital Resources


We had cash and cash  equivalents  totaling $336 as of March 31,2003.  Our other
assets were intangibles (Tradenames) valued at $6,033,824. Total assets at March
31,2003 were  $6,034,160.  At March 31, 2003 our total  liabilities  of $595,088
represented $306,192 of accounts payable, $215,000 the remaining balance payable
against  purchase  of  Tradenames,  $26,000  of  loans  payable  to two  current
shareholders, and the obligation to issue restricted securities in the amount of
$47,896 representing the net proceeds received from the private placement of our
securities.  The $215,000 balance relating to the purchase of Tradenames will be
reduced to $77,500, subsequent to March 31, 2003, through the issuance of common
stock to the sellers.  The proceeds of the shareholder  loans were used both for
working  capital  as  well as for a  partial  payment  against  the  trade  name
purchase.  The loans bear no  interest,  and both  shareholders  have  agreed to
accept payment when funds are available.

Our Plan of Operation for the Next Twelve Months

         As of March 31, 2003,  we have not  generated  any revenue.  We hope to
generate  revenue in the next  twelve  months by  focusing  on the launch of our
newly  acquired  trade  names.  We plan to begin  shipping the Hot Tuna brand to
retailers in the US market in the 4th quarter of 2003, and the Xisle and Piranha
labels in the 1st quarter of 2004.

         In order to properly  develop and market our new product lines, we have
incurred additional expenses, which are reflected in our statement of operations
for the three months ended March 31, 2003.  The  operating  loss of $419,151 for
the period represents  expenses including design and sampling costs of $122,600,
sales and  marketing of $95,075,  general and  administrative  costs  (including
legal,  accounting and  compensation  to the chief executive  officer)  totaling
$122,726.  This loss also includes a one time charge of $78,750  resulting  from
the issuance of 105,000 shares of common stock in connection with the conversion
of Debentures into Series B Preferred Stock.

         We also believe that our  portfolios  of brands have  established  name
recognition  in various  international  markets  and we have been acting to sign
international  licensees  and  distributors  in an effort to  capitalize on this
brand  awareness.  In April  2003 we entered  into an  agreement  with  Frontier
International  (Holdings)  Pty, Ltd of Australia  pursuant to the terms of which
Frontier has been licensed to produce and distribute all three brands (Hot Tuna,
Xisle and Piranha) branded product throughout a territory  including  Australia,
New Zealand and other Pacific nations. The agreement, which extends for a period
of ten years plus an option period,  provides for minimum royalties,  payable to
us, of  $78,000  in 2003 and  $330,000  in 2004  (both  amounts  denominated  in
Australian dollars).

         The Company entered into an additional  licensing  agreement on May 15,
2003,  with Revo (UK) Ltd. of the United  Kingdom,  for the  territories  of the
United Kingdom and Ireland on an exclusive  basis.  The Agreement covers the Hot
Tuna  trademarks  only.  The agreement is for 10 years with Revo,  the licensee,
having an option for a second  10-year  term. It also provides for a 6% royalty,
with minimum annual royalties of $24,000 in 2003,  $68,000 in 2004,  $142,000 in
2005,  $237,000 in 2006,  and $355,000 in 2007 (based on exchange  rates for the
British Pound as of March 31, 2003).

         Failure to  successfully  market and promote our products  would hinder
our ability to  increase  the size of our  operations  and  generate  additional
revenues.  If we are not able to generate  additional revenues adequate to cover
increased operating costs, our business may ultimately fail.

                                       10
<PAGE>


         We have cash  equivalents  of $336 as of March 31, 2003.  Subsequent to
March 31, 2003,  the Company  received  proceeds of $25,000 from the sale of its
securities.  The Company has received  commitments  from third  parties to raise
additional  capital  from  the  sale  of  its  securities.  In  the  opinion  of
management,  available  cash  is not  sufficient  to  fund  current  operations.
However,  management  believes that it can obtain adequate  capital via issuance
and sale of its securities.

Other than on-going  merchandising  and design of our seasonal product lines, we
are  not,  nor  do  we  anticipate,  any  conducting  research  and  development
activities.  In the event  that we expand  our  sales and  customer  base or, in
particular, if we were to develop or acquire additional trade names, we may need
to hire additional  employees or independent  contractors as well as purchase or
lease additional equipment.

ITEM 3.  CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

Within the ninety days prior to the date of this  report,  the  Company's  Chief
Executive  Officer and the Chief Financial  Officer carried out an evaluation of
the  effectiveness  of the design and  operations  of the  Company's  disclosure
controls and procedures.  The Company's  disclosure  controls and procedures are
designed to ensure that  information  required to be disclosed by the Company in
its  periodic SEC filings is recorded,  processed  and reported  within the time
periods specified in the SEC's rules and forms. Based upon that evaluation,  the
Chief  Executive  Officer and the Chief  Financial  Officer  concluded  that the
Company's  disclosure  controls and procedures are effective in timely  alerting
him to material  information  relating to the Company required to be included in
the Company's periodic SEC filings.

Changes in Internal Controls

There were no significant changes in the Company's internal controls or in other
factors that could significantly affect these controls subsequent to the date of
their evaluation.



                                       11
<PAGE>


                           PART II: OTHER INFORMATION



ITEM 6: EXHIBITS AND REPORTS ON FORM 8-K

         (a) Exhibits.

                  None.

         (b) Reports on Form 8-K.

                  (1) Form 8-K, dated February 21,2003, Item 4, 5 & 7.

                  (2) Form 8-K/A dated March 18,2003, Item 7.


                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                          AUSSIE APPAREL GROUP LTD.
May 19, 2003                               By: /s/Bruce MacGregor
                                              ----------------------------------
                                                 Bruce MacGregor, President


                                       12
<PAGE>



                                 CERTIFICATIONS

I, Bruce MacGregor, certify that:

1.       I have reviewed this quarterly  report on Form 10-QSB of Aussie Apparel
         Group Ltd.;

2.       Based on my  knowledge,  this  quarterly  report  does not  contain any
         untrue  statements  of a material fact or omit to state a material fact
         necessary to make the  statements  made, in light of the  circumstances
         under which such  statements  were made, not misleading with respect to
         the period covered by this quarterly report;

3.       Based on my knowledge,  the financial  statements,  and other financial
         information  included in this quarterly  report,  fairly present in all
         material  respects the financial  condition,  results of operations and
         cash flows of the  registrant as of, and for, the periods  presented in
         this quarterly report;

4.       The registrant's  other  certifying  officers and I are responsible for
         establishing  and  maintaining  disclosure  controls and procedures (as
         defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and
         have;

         a)   Designed such  disclosure  controls and  procedures to ensure that
              material  information  relating to the  registrant,  including its
              consolidated  subsidiaries,  is made known to us by others  within
              those  entities,  particularly  during  the  period in which  this
              annual report is being prepared;

         b)   Evaluated  the   effectiveness  of  the  registrant's   disclosure
              controls and  procedures  as of a date within 90 days prior to the
              filing date of this quarterly report (the "Evaluation Date"); and

         c)   Presented  in this  quarterly  report  our  conclusions  about the
              effectiveness  of the disclosure  controls and procedures based on
              our evaluation as of the Evaluation Date;

5.       The registrant's other certifying officers and I have disclosed,  based
         on our most recent  evaluation,  to the  registrant's  auditors and the
         audit  committee  of  registrant's   board  of  directors  (or  persons
         performing the equivalent functions);

         a)   All  significant  deficiencies  in  the  design  or  operation  of
              internal  controls which could adversely  affect the  registrant's
              ability to record,  process,  summarize and report  financial data
              and have  identified  for the  registrant's  auditor any  material
              weaknesses in internal controls; and

         b)   Any fraud,  whether or not material,  that involves  management or
              other  employees who have a significant  role in the  registrant's
              internal controls; and

6.       The registrant's other certifying officers and I have indicated in this
         quarterly  report  whether there were  significant  changes in internal
         controls or in other factors that could  significantly  affect internal
         controls  subsequent  to  the  date  of  our  most  recent  evaluation,
         including   any   corrective   actions   with  regard  to   significant
         deficiencies and material weaknesses.

May 19, 2003

By: /S/ Bruce MacGregor
------------------------------
Bruce MacGregor, President

                                       13
<PAGE>



                                 CERTIFICATIONS

I, David Lasell, certify that:

1.       I have reviewed this quarterly  report on Form 10-QSB of Aussie Apparel
         Group Ltd.;

2.       Based on my  knowledge,  this  quarterly  report  does not  contain any
         untrue  statements  of a material fact or omit to state a material fact
         necessary to make the  statements  made, in light of the  circumstances
         under which such  statements  were made, not misleading with respect to
         the period covered by this quarterly report;

3.       Based on my knowledge,  the financial  statements,  and other financial
         information  included in this quarterly  report,  fairly present in all
         material  respects the financial  condition,  results of operations and
         cash flows of the  registrant as of, and for, the periods  presented in
         this quarterly report;

4.       The registrant's  other  certifying  officers and I are responsible for
         establishing  and  maintaining  disclosure  controls and procedures (as
         defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and
         have;

         a)   Designed such  disclosure  controls and  procedures to ensure that
              material  information  relating to the  registrant,  including its
              consolidated  subsidiaries,  is made known to us by others  within
              those  entities,  particularly  during  the  period in which  this
              annual report is being prepared;

         b)   Evaluated  the   effectiveness  of  the  registrant's   disclosure
              controls and  procedures  as of a date within 90 days prior to the
              filing date of this quarterly report (the "Evaluation Date"); and

         c)   Presented  in this  quarterly  report  our  conclusions  about the
              effectiveness  of the disclosure  controls and procedures based on
              our evaluation as of the Evaluation Date;

5.       The registrant's other certifying officers and I have disclosed,  based
         on our most recent  evaluation,  to the  registrant's  auditors and the
         audit  committee  of  registrant's   board  of  directors  (or  persons
         performing the equivalent functions);

         a)   All  significant  deficiencies  in  the  design  or  operation  of
              internal  controls which could adversely  affect the  registrant's
              ability to record,  process,  summarize and report  financial data
              and have  identified  for the  registrant's  auditor any  material
              weaknesses in internal controls; and

         b)   Any fraud,  whether or not material,  that involves  management or
              other  employees who have a significant  role in the  registrant's
              internal controls; and

6.       The registrant's other certifying officers and I have indicated in this
         quarterly  report  whether there were  significant  changes in internal
         controls or in other factors that could  significantly  affect internal
         controls  subsequent  to  the  date  of  our  most  recent  evaluation,
         including   any   corrective   actions   with  regard  to   significant
         deficiencies and material weaknesses.

May 19, 2003

By:  /S/ David Lasell
    --------------------------------------
     David Lasell, Chief Financial Officer


                                       14